SEATTLE (Reuters) – The main engine of Microsoft Corp’s historic earnings power – selling Windows and Office to big businesses – is showing signs of waning, and investors are concerned that the shift to the cloud is not making up for the shortfall.
People are silhouetted as they pose with laptops in front of a screen projected with a Google logo, in this picture illustration taken in Zenica October 29, 2014.
Cameron Winklevoss (L) speaks in front of a New York State Department of Financial Services (DFS) virtual currency hearing in front of his brother Tyler in the Manhattan borough of New York January 28, 2014.
Microsoft CEO Satya Nadella gestures during his keynote address at the company’s ”build” conference in San Francisco, California April 2, 2014.
SEATTLE (Reuters) – Microsoft Corp’s Chief Financial Officer said on Monday that she expected the company’s fiscal third-quarter revenue growth to be cut by four percent by unfavorable currency exchange rates, assuming the U.S. dollar continues its strong run.
SAN FRANCISCO (Reuters) – Texas Instruments Inc (TXN.O ) reported higher fourth-quarter results on Monday and gave a revenue outlook for the current quarter in line with expectations, helped by growing demand for chips from the auto industry.